Business

Epiq Systems rejects buyout offer

P2 Capital, the hedge fund founded by Claus Moller, increased its Epiq stake to 16.9 percent – from about 4.9 percent – after the $1.1 billion take-private offer including debt was rebuffed and disclosed the now-activist holding in a regulatory filing Monday. Epiq, based in Kansas City, Kan. provides software for the legal industry.

Local

Festival brings retail traffic to downtown Mission

The two-day Mission Arts & Eats Festival and Battle of the Brisket Kansas State Championship barbecue had to compete with events around the metro area and still draw people who have been avoiding the “Johnson Drive nightmare.” But people still turned up to buy locally made products and brought sales to surrounding businesses.

Smallcakes expanding with sister shop selling ice cream & candy

Smallcakes Creamery & Novelties had a soft opening in the Deer Creek Marketplace at 6936 W. 135th St. on Aug. 13. Now it plans a grand opening from noon to 4 p.m. Saturday with free cotton candy, ice cream tastings and door prizes. The shop sells ice cream based on the Smallcakes cupcake flavors - from Red Velvet to Orange Creamsicle - as well as novelty candy.

Long-term job hunters still struggle

Many Americans see the Great Recession in their rear view mirrors. Not the long-term unemployed. A new national survey by the Heldrich Center for Workforce Development at Rutgers, released today, shows deep and lasting scars among long-term job hunters. Some Kansas City area residents concur.

Smallcakes expanding with sister shop selling ice cream & candy

Smallcakes Creamery & Novelties had a soft opening in the Deer Creek Marketplace at 6936 W. 135th St. on Aug. 13. Now it plans a grand opening from noon to 4 p.m. Saturday with free cotton candy, ice cream tastings and door prizes. The shop sells ice cream based on the Smallcakes cupcake flavors - from Red Velvet to Orange Creamsicle - as well as novelty candy.

Long-term job hunters still struggle

Many Americans see the Great Recession in their rear view mirrors. Not the long-term unemployed. A new national survey by the Heldrich Center for Workforce Development at Rutgers, released today, shows deep and lasting scars among long-term job hunters. Some Kansas City area residents concur.

Today's Market

Nevada changes urged to promote electric cars

A nonprofit group promoting energy efficiency is recommending a number of ways Nevada can do more to promote the use of electric cars in the wake of Tesla Motors' plans to build a $5 billion battery factory in the state.

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Today's Circulars

Gaming revenue to play big part in stadium funding

Charitable gaming is expected to generate more than 25 percent of the revenue the state needs to pay for its share of the new Vikings stadium even though electronic pulltabs haven't been the boon Minnesota was anticipating.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Getting the capital you need: key questions and answers

Lacking sufficient capital to grow is the main constraint for most small and middle market companies. To reach the next level of success, capital is the fuel that drives the company’s growth engine. Without it, reaching that next level is almost impossible.

Gaming revenue to play big part in stadium funding

Charitable gaming is expected to generate more than 25 percent of the revenue the state needs to pay for its share of the new Vikings stadium even though electronic pulltabs haven't been the boon Minnesota was anticipating.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business

Business

US stocks drop as China weighs on markets

US stocks were on track for their biggest loss in almost seven weeks Monday as investors worried about signs of weakness in China. Worries about slowing growth in the world's second-largest economy pushed the down the price of oil, weighing on energy stocks.